Here at Work In Startups, we’re on a mission to champion the best and most exciting startups in the UK. To support this, we’re starting a new blog series highlighting some of the most innovative and fast-growing startups around. Follow us as we interview startup founders and employees across the country and find out more […]

Startup to Watch: GoSweat

Here at Work In Startups, we’re on a mission to champion the best and most exciting startups in the UK. To support this, we’re starting a new blog series highlighting some of the most innovative and fast-growing startups around. Follow us as we interview startup founders and employees across the country and find out more about their goals and ambitions, what the future holds and (for all you startup jobseekers out there looking for the inside scoop) what they look for in a prospective employee.

This week, we’re interviewing Steph Newport-Booth, Co-Founder of GoSweat: a wellness benefit for companies that gives their employees the freedom to discover and book 1000s of fitness and wellbeing experiences. She describes it as “doing for fitness what Tripadvisor has done for travel or JustEats for takeaways”.

Hi Steph, what would you say GoSweat’s mission is?

To offer any activity, at any time, to anyone! When it comes to our own employees – we want to be able to offer them any experience that they want and support their physical health. We don’t want to offer them the standard ‘gym membership’ that most startup companies offer their employees. Instead, we want to give them the freedom and flexibility to do the classes that they enjoy and that support their physical and mental wellbeing. If they want to use Pure Gym or have physiotherapy – they can do this all through GoSweat. We’re the best company perk out there!

What are your values as a startup employer?

Commitment, collaboration, autonomy and fun! We work with companies, so success and growing the business really starts within our office and making it a comfortable, friendly and fun place to work.

Also, everyone that works here has a real commitment to our mission: getting people into fitness! We’re a start up that has a real drive, and the people who work here have a connection to sport and activities and want to share that with as many people as possible.

Myself and Alex, my Co-Founder, did the Aldi Area Manager Graduate Scheme and whilst we were very well paid, and it was clear that we were looked after financially, the benefits were very black and white. Both of us are passionate about fitness and well-being, so we were looking at employee perks like cheaper gym memberships etc. – and they weren’t that good and didn’t really meet our needs. We realised that this was the norm, across startups and bigger corporates! And when it comes to booking experiences, and fun sporting activities like boxing and climbing, there are so many barriers in terms of price.

The “go to” thing is to give your employees gym memberships, and this is very outdated. Employers get around 5.4% of actual engagement with this method. However with GoSweat, engagement jumps to 83%. That’s crazy different! This is because employees can book a range of things: high-board diving, massages, rock climbing – you name it.

How have you guys grown since GoSweat was founded in 2016?

It has been pretty crazy. Over the past few years, the GoSweat team has grown massively, as have the number of companies we work with. From a personal perspective, GoSweat doesn’t just feel like it’s my startup anymore: it belongs to everyone who uses it and works here. We all see where we are heading and we’re motivated to get there! We truly want to conquer the country!

Our growth in 2019 in particular was pretty astonishing. In January 2019, 8 of us were working out of a pretty small office. Now we’ve moved into a 35-50 people office and there are 15 of us! We’ve nearly doubled our workforce and hope to fill up our new office in 2020. And we think we can – the fitness industry is massive, there’s room for nimble startup operators like ourselves to disrupt things, and we have plenty of opportunity to chase down. There’s a lot of scope for us to grow.

What’s next for GoSweat in the UK and internationally?

We want to conquer the country! We’re launching in 12 new cities in the UK this year, and in 2021 we might go international. We essentially want to cover all the cities where companies want GoSweat and don’t have it. We also want to continue expanding the number of experiences we offer.

What do you look for in an employee?

We look for the kind of people that share our passion and enthusiasm for trying new things, however weird and wacky! For example, last night we all decided to go trampolining. It was last minute and spontaneous, but everyone was very keen and we had the best time. People can have amazing CVs and experience, but when you talk to them they’re not that interested in trying new experiences, which is kind of what our startup company stands for! We also want people that are energetic, outgoing and easy to get along with. You spend the majority of your time at work, so why not enjoy it?

What advice would you give to people thinking about founding their own company but currently unsure? What about people just leaving school/university?

The best advice I can give is to think about the best thing that could happen. Don’t focus on the worst that could happen. You’ve got to think positively about what you are doing and where you are going, and you’ve got to think that you can make the best case scenario happen! It’s especially important to have a positive mindset at the beginning, because things can get tough.

Also, don’t found a startup by yourself! It’s always good to go into it with a partner (or two!) that you know you can rely on. As I’ve said, the path to success is not always linear and being a founder can be quite tough. It’s invaluable having other people to share the load. But, as the saying goes: “too many chefs spoil the broth”! More than three startup founders can be a bit too much.

And don’t be afraid to bootstrap something together. We didn’t have any funding for the first two and a half years, so very much funnelled our own money into building GoSweat at the beginning. When we did get funding, however, it was invaluable. It gives you rocket fuel to expand and develop your product offering.

Here at Work in Startups, we’re on a mission to help talented jobseekers find the startup job of their dreams. To support this, we’re running a blog series shining a light on people’s early startup careers, in the hope that it will inspire jobseekers (like you!) and help talent make more informed decisions about their […]

Early Career Spotlight: Sarah Ali at Adzuna

Here at Work in Startups, we’re on a mission to help talented jobseekers find the startup job of their dreams. To support this, we’re running a blog series shining a light on people’s early startup careers, in the hope that it will inspire jobseekers (like you!) and help talent make more informed decisions about their future. Follow us as we interview startup employees across the country and find out more about their backgrounds, motivations, current roles and future aspirations!

This week we’re interviewing Sarah Ali, Head of Government Support at Adzuna, a search engine for job advertisements that operates in 16 countries worldwide and aggregates job ads from several thousand sources. Adzuna is also Work in Startups’ parent company, which I bet you didn’t know! A former member of the Future Fifty, Adzuna is an impressive startup that has made great strides in the complex job market industry and looks set for big things.

Hi Sarah! Can you tell me a bit about your background?

I studied History at Kingston University and, like pretty much every other history major, I have done absolutely nothing with it. After uni, I got a job doing compliance at a big corporate. It was a great learning curve, but definitely not for me long term! After six months there, I started a job in operations/customer support at a startup called Hassle.com, which I loved! When the management changed, I moved to another startup called Amaliah.co.uk. Since then, I’ve worked at four other startups, the most recent being Adzuna. At Adzuna, I work on the Find A Job project as Head of Government Support. It’s a really interesting role because I learn new things on a daily basis, and I love the fact that the work is meaningful. We’re making it easier for people to find jobs and helping hundreds of thousands of people as a result.

Wow, your CV is pretty impressive! Thank you for sharing. What led you to join a startup in the first instance?

I was really disillusioned after working at a corporate. I went into it thinking that I would love the role, and corporate life in general, but it was very stiff and rigid and not at all what I expected. I definitely think corporate jobs are glamourized – you think it’s like Suits the TV show, but the reality is very different. Everything from the dress code to the amount of breaks you could take was closely monitored. It felt like being back at school during the worst years. Someone was always watching you and you weren’t given much control over your work. You were told what to do, when to do it and how to do it. I had virtually no independence and it was very difficult for me to take ownership of my work.

I joined Hassle.com in the operations/customer support division because I wanted something different – and it definitely was! The culture was unlike anything I had ever experienced before. It was young, fun and the socials were amazing. Everyone got on like a house on fire. That being my first startup made me realise that I don’t want to work in a corporate ever again and startups were the place to be. I love the organised chaos of startup life! I thrive in it. There’s a lot of learning on your feet and making stuff up as you go along, which means you have a lot of autonomy over what you do and it’s fun! You’re the owner of your work.

Hassle.com was very successful and ended up being sold. All the people that made it what it was, including the co-founders, moved on, and I felt like it was time to move on to another startup as well. I wanted to bring the culture with me to other places!

I tried my hand at a number of other startups, but couldn’t quite find the culture of the first. It made me realise that each startup has a different culture and you have to adapt and find one that suits you. I landed at Adzuna by referral of an old colleague from Hassle and haven’t looked back! I love my new role as I have complete ownership of my work. Find a Job was a new project within Adzuna which gave me a lot of freedom to define processes and decide how I work. It’s a fun team and I enjoy being part of it!

So do you think you’ll always work in startups?

100%. I love the relaxed-yet-everyone-gets-stuck-in mentality and startups typically have a pretty flat hierarchy. Everyone pitches in and helps out where needed. For example, founders often help out with customer support at the weekends and during the Christmas period and the finance team often helps the marketing team and vice versa.

You also don’t mind staying late in the office because you’re with people you like and you all have the same goal: wanting the startup to thrive and succeed. That theme has run through every startup that I have worked at. When everyone is invested and wants the company to do well, this creates a better working environment and fosters cross team collaboration. After experiencing startup life, I don’t think I could go back.

What makes the Adzuna a great place to work?

A load of things. It’s a very nurturing and supportive environment. Everyone looks out for everyone and there are a tonne of learning opportunities. I’ve learnt more here than probably anywhere else and there’s still so much to learn! I’ve had a taste of product management and want to learn more and Adzuna is providing me the platform to do that. I really get along with my colleagues as well and have made some firm friends. In particular, my boss, Scott, is a great mentor and very encouraging and supportive. He’s really helping me grow and succeed.

Flexible working is another big benefit of the job! I can work from home and make up the hours if I have a doctor’s appointment or something. I definitely wouldn’t get this flexibility at a corporate. The work is also super interesting and all of my colleagues are very switched on and intelligent, which provides a big daily source of motivation.

What does the future hold?

Now that I have had a taste of product management, I feel like that is the next step for me. Given the responsibilities I have gained here, my current role is a good starting point. The ambition that Adzuna has and the development plans we have in place here will help me fulfill this career change. There is also still loads more to learn at Adzuna and in my current role so I plan on being here for a long time! Unless they kick me out of course… or change significantly…

Do you have any advice for young, startup obsessed jobseekers when they’re just leaving school? What about people leaving University?

Personally (and this isn’t for everyone), if I had the choice again I wouldn’t go to university. I feel I’ve actually learned a lot more from working than from my experience at Kingston. This is of course partly because of the degree I did and the course I did and don’t get me wrong, university is definitely a great option for some, but it’s not for everyone and you can thrive in a career without a degree. When I left university, I had over £40,000 of debt, and could have spent those four years getting stuck in at a startup and working my way up the ranks – whilst earning money!

As for people leaving university and looking at startups, I would say definitely apply for startups where you are passionate about the product and feel the culture is a right fit for you. Do your research – is the company aligned with your beliefs and core values?

Once you’ve started working at a startup, volunteer and get stuck in. If there are opportunities within your job to work in all areas and/or shadow other teams – do it! It will help you figure out what you want to do in the long-term. Also, take advantage of all the opportunities and courses that they are offering you to further develop, grow and learn. I’m sure you’ll become a pro in something that I bet you had no idea even existed before joining a startup, like Zoho or Zendesk.

If you could write a letter to your 18 year old self – what would you say?

As I’ve mentioned above – forget uni and get into a startup ASAP. You’ll thrive more in this environment! Follow your instincts and don’t give in to parental pressures of going to university. If it’s not for you, then it’s not for you. Also, keep doing you because you’re awesome, even at 18.

Inspired by Sarah and/or want to share your story? Email us at contact@workinstartups.com or reach out via Twitter – we’d love to hear from you!

Starting a business is not easy! In fact, it’s darn right difficult, especially if it’s your first crack at founding a startup or if you don’t have much money / support to start with. There’s a reason 90% of startups fail… but you don’t have to be part of that club. Assuming you already have […]

5 Tips For Getting Your Startup Off The Ground

Starting a business is not easy! In fact, it’s darn right difficult, especially if it’s your first crack at founding a startup or if you don’t have much money / support to start with. There’s a reason 90% of startups fail… but you don’t have to be part of that club. Assuming you already have a great idea that you’re passionate about and think has the potential to make it big, here are 5 tips for getting your startup off the ground!

Save, save, save!

I cannot stress this enough. There’s a reason the average age of a successful startup founder is 45. They not only have the experience, but also (often) the savings to help their business succeed. The first few years of founding a startup can be pretty rough: you often make little to no money, struggle to secure funding and face the hurdles of developing an MVP. If you have savings, you can bootstrap something together and rest a little easier knowing that you have something to fall back on if things don’t quite work out. Alleviating the stress of “how can I afford next month’s rent?” will be seriously helpful when you’ll be stressed enough already with the startup!

Ask your friends and family for help

Your friends and family love you and trust you, and can provide a great deal of emotional and financial support during your startup journey. In the US, the second biggest source of seed funding, after personal savings and credit, is friends and family. So don’t be afraid to ask your loved ones for investment, a loan, or if they’re feeling especially generous… a gift! This can help you get the ball rolling and develop an MVP, and give you some great pitch practice when you run your business plan past them (which you definitely should be doing!).

On the emotional support side, founding a startup is tough and you’ll face challenges on a daily basis. It’s therefore super helpful to have a strong support system that you know you can rely on when the going gets tough. It also makes small (or big!) victories that much sweeter when you have people to celebrate with.

Cultivate resilience

Founding a startup is intensely rewarding… but it can also be extremely draining. You have a lot on your plate, likely work around the clock and encounter setbacks and failures on a daily basis. Those that persevere through it all are the ones that succeed.

But how, you may ask, can I cultivate resilience? Firstly, try and be as adaptable and flexible as you can to changing situations. You can plan for the future… but ultimately a lot of it is unpredictable. Whatever comes your way, tackle it with optimism and hardwork and you’ll do just fine. Secondly, be purposeful and mindful. Resilient people have clear goals, motivations and directions. These enable you to devise effective solutions during times of crisis.

Network!!

Networking is crucial. Reach out to any entrepreneurs you know, experts in the industry, financiers, people at the same stage in their startup journey as you, and anyone else you think could be useful! Talk to as many people as possible (without becoming that annoying, needy friend of course) and soak up their advice and feedback on your startup story to date. They’ll be great to bounce ideas off, and might even introduce you to potential investors and employees… which is invaluable. While ensuring you stay respectful and polite, don’t be afraid to send people emails, message them on Linkedin and attend startup conferences. The startup scene in London is incredibly welcoming and nurturing and can help you get started. People want you to succeed!

Have a bullet-proof business plan

If you want to secure venture funding, which can often be crucial for your startup’s success, you’ll need to develop a bullet-proof business plan.

Investors want to (1) understand how you plan to operate your business and (2) determine your projected growth rates and how they stand to gain by getting involved. They can’t do either of these things if you don’t have a developed business plan.

They want to see a clear overview of your business – the nuts and bolts who you are and what your startup mission is / will be. They also want to see some rational market analysis, including detailed research on your competitors, how you are positioned within this space, and your target audience. Additionally, you should definitely outline your organisational structure, mission and values, as well as how you plan on managing your company.

Perhaps the most important part of your business plan, however, is your financials. Do your best to construct a 3 to 5 year financial model, and make sure your predictions are realistic and not overinflated. Outline, if you can, when you think you’ll be profitable and how.

On a personal level, a clearly defined business plan will give you direction and a road-map to success. It will help you navigate challenges and seize opportunities!

Get the Weekly Brief straight in your inbox: Attention anyone single (and looking to Kris Kringle) this Christmas! A new dating app, DigiD8, is on the horizon and it’s somewhat… unnerving, to say the least. Harvard academic George Church proposes to match users based on their DNA in an attempt to eliminate genetic diseases. Dystopian […]

Weekly Brief: I Was Made For Lovin’ You, Baby?

Attention anyone single (and looking to Kris Kringle) this Christmas! A new dating app, DigiD8, is on the horizon and it’s somewhat… unnerving, to say the least. Harvard academic George Church proposes to match users based on their DNA in an attempt to eliminate genetic diseases. Dystopian enough for you? What about when I tell you that the proposed app would screen out potential partners that have the ‘wrong DNA’. Freaky.

Church claims that the app (once it is created… it’s all just wishy-washy hypothesis for now) could have huge positive implications for society. It could, allegedly, prevent people with similar genetic mutations from matching, which could drastically reduce the number of people with hereditary diseases. He likens the app to genetic counselling, which many couples already undergo. While genetic counselling influences whether a couple tries for a baby, DigiD8 would stop them from meeting in the first place!

Sounds great, right? No, I’m not buying it. Dating sucks enough and now this? While the app would have advantages (who wouldn’t want to eliminate Cystic Fibrosis?) it’s a very, very slippery slope and could easily be mishandled. The idea that someone’s DNA can somehow make them incompatible with someone else, regardless of their personality and behaviour, is pretty nauseating. Surely there’s a lot more to a relationship than being DNA compatible with someone, and aren’t we being casual about something that’s tantamount to eugenics? Also, who in their right mind would give their DNA away to a dating app in the first place? I don’t know about you, but I don’t want Big Tech anywhere NEAR my DNA. What do you reckon?

Here at Work In Startups, we’re on a mission to champion the best and most exciting startups in the UK. To support this, we’re starting a new blog series highlighting some of the most innovative and fast-growing startups around. Follow us as we interview startup founders and employees across the country and find out more […]

Startup to Watch: Bark.com

Here at Work In Startups, we’re on a mission to champion the best and most exciting startups in the UK. To support this, we’re starting a new blog series highlighting some of the most innovative and fast-growing startups around. Follow us as we interview startup founders and employees across the country and find out more about their goals and ambitions, what the future holds and (for all you startup jobseekers out there looking for the inside scoop) what they look for in a prospective employee.

This week, we’re interviewing Kai Feller, Co-Founder of Bark.com – the UK’s biggest online local services marketplace. Bark.com is expanding fast across the globe, hiring equally as fast and fundamentally changing the way we source local services. It has also repeatedly shunned venture capital opportunities, preferring instead to be self-funded.

Hi Kai! What would you say Bark.com’s mission is?

Bark’s mission is to ultimately be the Amazon of services. We want to bring services online and into the 21st century as we feel that this side of things has been left behind. It’s easy to buy and sell products online, but it’s not easy to buy and sell services online and we’re at the forefront of companies changing this. We’ve only just got rid of the yellow pages! The marketplace for services is still very old-fashioned.

On the consumer side, we want individuals to come on Bark.com and be able to find a professional for any service they are looking for and a solution that fits their needs. For example, if they are looking for a dog walker, we want to give them the option of buying that service there and then, or just browsing options for purchase at a later date. Alternatively, they could be looking for a web designer – we want to provide the experience that they want and need.

On the professional side, we want to help service providers grow their businesses by getting online and connecting with customers. They are not usually online marketing professionals, so we want to take that burden away from them and allow them to focus on what they are good at – providing their services; be they carpentry, nails or hair, for example. We want to help these professionals across the globe.

Can you tell us about your growth over the past few years? What’s next for Bark.com in the UK and globally?

We launched in January 2015 and started off in a typical startup style: in a flat, bootstrapping something together. We spent the first couple of years throwing stuff at the wall and seeing what stuck. We tried three different business models and finally found one that worked for us a couple of years ago, which I would say transformed us into a ‘proper company’.

Now we’re a team of 50 all working out of our Paddington office. Bark.com is live in the US, South Africa and Canada as well as the UK, but we don’t currently have any workers outside of the UK. We run all of our global operations from our London office. On a separate note, we’re also cash generative and profitable – quite significantly. We’re already turning over well over £20m. We urgently need to reinvest in the hiring side to accelerate growth even more, so expect to see us hiring like crazy in 2020!

I would still say though that Bark is in beta. We have a product up and running, but we recognise it’s still imperfect and a lot of 2020 will be focused on really making it a better experience for the end user. We want to build something properly powerful and valuable. On the consumer side, we want to create tailored experiences for everyone coming on the site. On the professional side, we want to provide a suite of tools to facilitate that and turn Bark into an absolute must for any small business, instead of a value-adding thing. To do something like that, we need an amazing team, which is why recruitment is a massive priority for us in 2020. We need the best people.

We’ll also continue expanding internationally in 2020. We’re looking at launching in 5-10 new countries next year, all from the UK, so keep your eyes peeled!

What do you look for in an employee?

We look for people that are confident and exceptional. They must have great written and verbal communication skills (this is crucial), and must be very personable and a team player. Everyone in the Bark team is like that and if they’re not, they aren’t going to fit. Like any start up we face complex problems on a daily basis and we move very fast, so communication is incredibly important.

If you’re results-driven, innovative and a team player – you’ll fit right in at Bark.com. We want people that thrive on autonomy and make jumps, not steps. This is a pretty big deal to us, because we’re still at the stage where you can make a jump and add 20% to the business.

Ambitious and driven people also do well here. We love people that are passionate and like being challenged. This is especially important because we’re growing rapidly and looking to expand our team from 50 to 100 next year. This will naturally mean shifting more responsibility onto the team, so we need people that are adaptable, switched on, smart and ambitious.

We also want people who contribute to our company culture. You need to enjoy who you are working with as this is what keeps people motivated and thriving.

Do you offer any company perks?

A whole suite of them. We offer share options, private healthcare, a fully stocked kitchen, team lunches every friday and regular socials once a month, among other things. When we have our socials, they’re pretty huge and we definitely don’t hold back!

We also (and most importantly!) offer an unsolved problem and a challenging puzzle for employees to wrap their heads around. How do we transform Bark.com into the Amazon of services?

What’s your professional background? Do you have any advice for young people just starting their careers?

When I left university, I had a few options on the table. I had an offer from Cambridge to do a masters and an offer from JP Morgan in the investment banking division. Instead, I started a business called Socialite – which launched my career in the startup space and really led me to where I am today.

In terms of advice I would give young people just starting their careers, I would say do something that you’re passionate about, find interesting and think you could be involved in for the rest of your life. Once you get started in a career, it can be quite difficult to change path. Also, be ambitious and aim high. It’s better to aim high and only achieve half of your goals (or fail!) than to not to have difficult and ambitious goals in the first place. Lastly, network like crazy! I cannot stress enough how important this is. Not only will networking open up a load of opportunities, but it will also help you launch your own startup (if this is what you want!)

Do you have any advice for those thinking about founding their own startup but currently unsure?

If you have a startup idea, don’t think it’s “all in or all out”. Bootstrap something and play around with how it would work. If you are passionate about it, spend your free time on it: evenings, weekends and holidays. Also, speak to as many people as possible about your idea and get involved in the UK startup scene – which really is incredible and very nurturing. There are a tonne of people willing to give you advice and help you out.

If you do end up doing it full-time, be prepared for the hard work! Everyone faces hurdles and challenges (this is practically part of the job description!) and the people who are successful are the people who persevere.

So you’ve been interviewing for startup jobs for a few months and have received a few job offers (lucky you!). But how do you choose between the companies? Joining a startup poses risks and rewards, which is why it’s important to spend time weighing up the pros and cons of each job offer. Joining a […]

How to Pick the Right Startup to Join

So you’ve been interviewing for startup jobs for a few months and have received a few job offers (lucky you!). But how do you choose between the companies?

Joining a startup poses risks and rewards, which is why it’s important to spend time weighing up the pros and cons of each job offer. Joining a fast growing, innovative and well-run startup can really kickstart your career, open a lot of doors and provide you with a whole host of opportunities. However, joining a poorly managed, stagnating startup can lead to burnout, unhappiness and flagging motivation.

Through speaking to a lot of people, drawing on personal experiences and scouring the internet for the best advice, I’ve come to one key conclusion. When picking the right startup to join you should think like an investor.

This means, first and foremost, evaluating whether the startup’s mission and end product make sense to you. Is it something that you would use and/or could see others using? Try and determine whether what the startup builds is valuable to the world. I know this is a slightly fluffy statement, but do your research, and ask your peers and people with knowledge of the industry for their opinions. This can help you form a judgement. And if you don’t believe in the end mission, then it’s probably not right for you!

Secondly, look for evidence that the startup is already succeeding. Of course, if it’s in its early stages, data will likely be difficult to come by. But you should ask about early client wins and breakthroughs when your interviewing – does it sound like they’re making progress? When there is more public tangible data, look at growth. What trajectory are they on? This is more important than absolute figures.

Thirdly, evaluate how strong the team and the management are (in your mind). A startup’s success is often directly proportional to its founders ambitions. Have a dig into their credentials – do they have a strong academic / professional / entrepreneurial background, and come across as inspirational people you can truly learn from? Have they founded or been part of other “successful” startups? It’s certainly helpful if it shows that they know how to grow a company from the ground up. Also, investigate their leadership style when interviewing. Are they people of character? Are they tenacious? Are they approachable and do they foster a great company culture? If possible, read their blog posts and watch their interviews to better understand how they operate. This is important, as talented and driven people also recruit like minded individuals – so if the founders are of high calibre, then it’s likely the team will be too.

Once you have determined whether (or not!) you would invest in the startup based on these three initial areas, establish exactly who you would be working with and how they would support you. The smarter and more experienced your colleagues are, the more learning opportunities there will be. Great mentors also motivate you and provide opportunities for you to create impact. You can evaluate this by paying careful attention during your interview. Is your interviewer noticeably passionate about the mission? Are they switched on and engaged? It’s difficult to fake enthusiasm and drive.

Lastly, have they received investment? And if not, is there a good reason? When a company attains venture funding, it’s a big signal that it’s heading in the right direction and others have bought into its mission. Investors have made a (pretty expensive!) bet that it will be more valuable in the future. They’ve made this bet after conducting extensive market research, consulting experts, assessing company management and analysing the company’s data. In effect, they’ve carried out a lot of your research for you!!

An even BETTER signal is when the investors have a stellar reputation. The best VCs attract the best, most successful startups, so it’s really encouraging when the startup you are considering joining has big backers.

Here are a few of the biggest names in VC (there are hundreds of others, of course!):

Get the Weekly Brief straight in your inbox: It’s *drumroll* election day! And let’s be honest, you’re sick to death of hearing about how social media platforms are influencing the vote (Facebook etc. at it again with allegedly morally reprehensible behaviour!). So we thought we’d investigate the other side of things: how you vote, which […]

Weekly Brief: (Rock the vote), don’t rock the vote baby!

It’s *drumroll* election day! And let’s be honest, you’re sick to death of hearing about how social media platforms are influencing the vote (Facebook etc. at it again with allegedly morally reprehensible behaviour!). So we thought we’d investigate the other side of things: howyou vote, which really hasn’t really changed much since the ‘50s.

Imagine that today was the first election the UK had ever had. Things would be pretty different, wouldn’t they? I doubt we would even consider using paper ballots to vote, as it’s costly, inefficient and not very environmentally friendly. Who even uses paper anymore anyways? …. So old school…

My bet is that we would vote online and it would be a lot like online banking. You would be able to download an app and login using your National Insurance number, email and a password of your choosing. After pretty significant security steps, you would be able to cast your vote! You could do this in the privacy of your home, at your desk or on the school run…. The possibilities are endless! And this has already been successfully implemented in Estonia.

Not only could i-voting increase turnout (which was only 68.8% in the 2017 election), but it could also increase youth political engagement. For digitally native millennials and Gen Z, the ballot box is pretty archaic and out of touch with the digital age. And don’t get me started on how i-voting could reduce the cost of voting! The 2017 General Election cost the UK £140.9m (!). Paper is expensive! So are postal votes and the public officials that run polling stations. The cost of i-voting would be minimal in comparison – Estonia has saved 50%!

Of course… The downsides of i-voting could be pretty huge! What if the electoral system was hacked and the votes rigged… I don’t even want to think about that dystopian future… Let’s hope security technology can carve a path forward!